Staffordshire entrepreneur lifts Pulse stake to 80% on £100m target

Staffordshire businessman Mo Chaudry has increased his stake in Cheshire gym equipment maker Pulse Fitness from 51% to 80% as the company targets £100m turnover by 2030.

Pulse, based in Congleton, expects group turnover to reach £42m this year and plans to expand overseas, with the US, France, Portugal, India and China as key markets.

Exports made up 19% of sales over the last three years, and the company expects this to rise to 70% over the next four. The financial terms of the stake... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...